Analysis - by Type (Mydriatic Fundus Camera, Non-Mydriatic Fundus Camera, Hybrid Fundus Camera, and ROP Fundus Camera), Portability (Handheld and Tabletop), Application (Diabetic Retinopathy, Age-Related Macular Degeneration, Retinal Vascular Disorders, and Others), and End User (Hospitals, Ophthalmology Centers, and Others)
No. of Pages:
91
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Report Code:
BMIRE00029557
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Category:
Life Sciences
The Asia Pacific fundus cameras market was valued at US$ 171.61 million in 2022 and is expected to reach US$ 331.38 million by 2030; it is estimated to grow at a CAGR of 8.6% from 2022 to 2030.
Fundoscopy with Smartphones fuel the Asia Pacific Fundus Cameras Market
The evolution of high-resolution smartphone cameras can revolutionize traditional fundus photography. For example, ophthalmologists are bringing innovations in the field of fundoscopy by exploring the possibility of replacing binocular indirect ophthalmoscopes with a smartphone. Smartphone-aided fundoscopy is a high-tech, low-cost imaging alternative that benefits users through the portability of a device. The smartphone camera comes equipped with light sources. Moreover, the device provides ready access to secure networks for data transmission.
Mobile devices integrated with augmented reality create an entirely new fundoscopy experience. Companies in the fundus camera market, in collaboration with MedTech businesses, are working on app-based fundoscopy to simplify the eye examination process. For example, the Ullman Indirect App allows users to control the functionality of the corresponding smartphone camera. Through its advanced features, the app enables a manual focus of the camera and saving of focal points of the eye, manual control of the camera exposure, regulation of the flashlight intensity, rotation of images and videos for documenting the findings in a correct orientation, and the export of high-quality images without the need for a screenshot.
Asia Pacific Fundus Cameras Market Overview
Fast product approvals in China to treat macular edema further accelerates the adoption of fundus camera in the Asia Pacific region. For records, Bayer announced approval for Eylea to treat patients suffering from visual impairment to treat macular edema. The approval is for the first product indication for Eylea to be approved by the Chinese regulatory body and the injectable eye drug sold by Regeneron. The approval is used to treat conditions like wet age-related macular degeneration, retinal vein occlusion, and diabetic macular edema. The aforementioned factors will accelerate the adoption of fundus camera market during the forecast period 2022-2030.
Asia Pacific Fundus Cameras Market Revenue and Forecast to 2030 (US$ Million)
Asia Pacific Fundus Cameras Market Segmentation
The Asia Pacific fundus cameras market is segmented based on type, portability, application, end user, and country.
Based on type, the Asia Pacific fundus cameras market is segmented into mydriatic fundus camera, non-mydriatic fundus camera, hybrid fundus camera, and ROP fundus camera. The non-mydriatic fundus camera segment held the largest market share in 2022.
Based on portability, the Asia Pacific fundus cameras market is bifurcated into handheld and tabletop. The tabletop segment held a larger market share in 2022.
Based on application, the Asia Pacific fundus cameras market is segmented into diabetic retinopathy, age-related macular degeneration, retinal vascular disorders, and others. The diabetic retinopathy segment held the largest market share in 2022.
Based on end user, the Asia Pacific fundus cameras market is segmented into hospitals, ophthalmology centers, and others. The hospitals segment held the largest market share in 2022.
Based on country, the Asia Pacific fundus cameras market is segmented into China, India, Japan, South Korea, Australia, and the Rest of Asia Pacific. Japan dominated the Asia Pacific fundus cameras market share in 2022.
Nikon Corp, Topcon Corp, NIDEK CO LTD, Canon Inc, Carl Zeiss AG, Visionix USA Inc, Kowa Co Ltd, and Volk Optical Inc are some of the leading players operating in the Asia Pacific fundus cameras market.
Asia Pacific Fundus Cameras Strategic Insights
Strategic insights for the Asia Pacific Fundus Cameras provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.
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Asia Pacific Fundus Cameras Report Scope
Report Attribute
Details
Market size in 2022
US$ 171.61 Million
Market Size by 2030
US$ 331.38 Million
Global CAGR (2022 - 2030)
8.6%
Historical Data
2020-2021
Forecast period
2023-2030
Segments Covered
By Type
Mydriatic Fundus Camera
Non-Mydriatic Fundus Camera
Hybrid Fundus Camera
ROP Fundus Camera
By Portability
Handheld
Tabletop
By Application
Diabetic Retinopathy
Age-Related Macular Degeneration
Retinal Vascular Disorders
By End User
Hospitals
Ophthalmology Centers
Regions and Countries Covered
Asia-Pacific
China
India
Japan
Australia
Rest of Asia-Pacific
Market leaders and key company profiles
Nikon Corp
Topcon Corp
NIDEK CO LTD
Canon Inc
Carl Zeiss AG
Visionix USA Inc
Kowa Co Ltd
Volk Optical Inc
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Asia Pacific Fundus Cameras Regional Insights
The geographic scope of the Asia Pacific Fundus Cameras refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.
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Identical Market Reports with other Region/Countries
The List of Companies - Asia Pacific Fundus Cameras Market
1. Nikon Corp
2. Topcon Corp
3. NIDEK CO LTD
4. Canon Inc
5. Carl Zeiss AG
6. Visionix USA Inc
7. Kowa Co Ltd
8. Volk Optical Inc
Frequently Asked Questions
How big is the Asia Pacific Fundus Cameras Market?
The Asia Pacific Fundus Cameras Market is valued at US$ 171.61 Million in 2022, it is projected to reach US$ 331.38 Million by 2030.
What is the CAGR for Asia Pacific Fundus Cameras Market by (2022 - 2030)?
As per our report Asia Pacific Fundus Cameras Market, the market size is valued at US$ 171.61 Million in 2022, projecting it to reach US$ 331.38 Million by 2030. This translates to a CAGR of approximately 8.6% during the forecast period.
What segments are covered in this report?
The Asia Pacific Fundus Cameras Market report typically cover these key segments-
What is the historic period, base year, and forecast period taken for Asia Pacific Fundus Cameras Market?
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the Asia Pacific Fundus Cameras Market report:
Historic Period : 2020-2021
Base Year : 2022
Forecast Period : 2023-2030
Who are the major players in Asia Pacific Fundus Cameras Market?
The Asia Pacific Fundus Cameras Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
Nikon Corp
Topcon Corp
NIDEK CO LTD
Canon Inc
Carl Zeiss AG
Visionix USA Inc
Kowa Co Ltd
Volk Optical Inc
Who should buy this report?
The Asia Pacific Fundus Cameras Market report is valuable for diverse stakeholders, including:
Investors: Provides insights for investment decisions pertaining to market growth, companies, or industry insights. Helps assess market attractiveness and potential returns.
Industry Players: Offers competitive intelligence, market sizing, and trend analysis to inform strategic planning, product development, and sales strategies.
Suppliers and Manufacturers: Helps understand market demand for components, materials, and services related to concerned industry.
Researchers and Consultants: Provides data and analysis for academic research, consulting projects, and market studies.
Financial Institutions: Helps assess risks and opportunities associated with financing or investing in the concerned market.
Essentially, anyone involved in or considering involvement in the Asia Pacific Fundus Cameras Market value chain can benefit from the information contained in a comprehensive market report.
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WHAT'S INCLUDED IN FULL REPORT : Market Dynamics,
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Trends, Market Size and Share Analysis, Growth Driving Factors, Future Commercial
Potential, Identify Regional Growth Engines